The global herbal tea market size was USD 3.42 Billion in 2021 and is expected to register a revenue CAGR of 4.4% over the forecast period, according to the latest analysis by Emergen Research. Market growth is primarily driven by factors such as rising incidence of sleep disorders due to an increase in stress level, various health benefits associated with drinking herbal tea, and a rise in number of new herbal tea brands. In addition, increasing usage of social media and e-commerce websites for marketing and advertising herbal tea products is another factor driving global herbal tea market revenue growth.
According to a report, 40% of people with insomnia are affected by a mental health disorder and insufficient sleep. which have an economic impact of over USD 411 billion each year in the U.S. alone. Herbal tea, such as chamomile, lavender, and magnolia, induce sleep and calm down nervous system.
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Geographical Segmentation:
The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Herbal Tea Market, gauging their revenue share over the forecast timeline. Furthermore, the report analyses the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Some major companies in the market report include Tielka, Mountain Rose Herbs, TegaOrganicTea, Indigo Herbs Ltd, Tetley, The Indian Chai, R. Twining and Company Limited., Organic India, Arbor Teas, Buddha Teas, and The Hybrid Green Tea
Market Taxonomy:
Chapter 1: Methodology & Scope
Chapter 2:
Executive Summary
Chapter 3:
Industry Insights
Chapter 4:
Company Profile
Emergen Research has segmented the global herbal tea market based on raw material, function, distribution channel, and region:
· Raw Material Outlook (Revenue, USD Billion, 2019–2030)
· Function Outlook (Revenue, USD Billion, 2019–2030)
· Distribution Channel Outlook (Revenue, USD Billion, 2019–2030)
The report addresses the following key points:
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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